{"id":700459,"date":"2026-07-19T20:22:09","date_gmt":"2026-07-19T20:22:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/700459\/"},"modified":"2026-07-19T20:22:09","modified_gmt":"2026-07-19T20:22:09","slug":"uaes-non-oil-foreign-trade-up-13-in-first-half-of-year-to-dh1-9-trillion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/700459\/","title":{"rendered":"UAE&#8217;s non-oil foreign trade up 13% in first half of year to Dh1.9 trillion"},"content":{"rendered":"<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-0-G4Q6EVPYTRG65KN2OYRRUZMY6Y\">The UAE\u2019s <a href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2026\/01\/31\/uaes-non-oil-foreign-trade-hits-1-trillion\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/economy\/2026\/01\/31\/uaes-non-oil-foreign-trade-hits-1-trillion\/\">non-oil foreign trade<\/a> rose 13.1 per cent annually in the first half of the year to Dh1.937 trillion ($520 billion) as the <a href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2026\/07\/08\/uae-among-worlds-top-10-recipients-of-fdi-in-2025-un-report-says\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/economy\/2026\/07\/08\/uae-among-worlds-top-10-recipients-of-fdi-in-2025-un-report-says\/\">country pushes ahead<\/a> with its economic diversification plan. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-1-LWE7QKMYHVBPFC2NRDJGN7JLVE\">Non-oil exports \u201cachieved a record\u201d of Dh452.8 billion during the six-month period, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said on social media platform X on Sunday. They were up 23.9 per cent annually, the UAE Government Media Office reported. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-3-RQ7OZAHDK5HWVGX6NGVSWHBU34\">\u201cThese figures are more than trade statistics, they are a testament to the <a href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2026\/05\/30\/uae-gdp-hits-517bn-in-2025-as-non-oil-sector-grows-68\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/economy\/2026\/05\/30\/uae-gdp-hits-517bn-in-2025-as-non-oil-sector-grows-68\/\">strength of our economy<\/a>, the effectiveness of our development choices and the world\u2019s confidence in the UAE,\u201d he said. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-6-PBYHDPQGH5AFXP2WCQ57L2T7F4\">The results come as the UAE continues to push ahead with its economic diversification plan amid disruption caused by the Iran war. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-8-G4IMKMXEURF27M4G63KD32VED4\">The <a href=\"https:\/\/www.thenationalnews.com\/opinion\/editorial\/2026\/07\/03\/uae-economy-oil-prices-energy-inflation-recovery-business-jobs\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/opinion\/editorial\/2026\/07\/03\/uae-economy-oil-prices-energy-inflation-recovery-business-jobs\/\">country&#8217;s economy<\/a> is set to rebound in the second half of the year despite the regional war, amid an exports recovery following its <a href=\"https:\/\/www.thenationalnews.com\/business\/energy\/2026\/04\/28\/uae-announces-it-will-leave-opec\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/energy\/2026\/04\/28\/uae-announces-it-will-leave-opec\/\">exit from Opec<\/a>, the International Monetary Fund said on Friday.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-9-27HQKASZCFHCFL3OYPD5QWVFSU\">The UAE has \u201cdemonstrated <a href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2026\/07\/08\/uae-among-worlds-top-10-recipients-of-fdi-in-2025-un-report-says\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/economy\/2026\/07\/08\/uae-among-worlds-top-10-recipients-of-fdi-in-2025-un-report-says\/\">significant resilience<\/a>\u201d during the conflict, the IMF&#8217;s mission chief to the UAE, Said Bakhache, said following a visit to Dubai this month. \u201cSound fundamentals, ample policy buffers, advanced preparedness and a swift policy response have contained the overall impact of the shock,\u201d he said.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-10-ZNFNKDF64RC2HCCBDYNSWSDPDY\">Looking ahead, deeper trade integration, supported by the UAE&#8217;s Cepa deals, and sustained investment in technology and human capital will \u201creinforce non-oil growth and support resilience to external shocks\u201d, he added.<\/p>\n<p>Trade focus<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-12-HYKJL6UMARGXPLUCZ7QBME4BPE\">The UAE has been taking several steps to boost its global trade flows, with the Comprehensive Economic Partnership (Cepa) programme a key contributor.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-14-TIEV5WYYDFFJNHU7PWPBM4ZA4I\">The Emirates launched the Cepa programme in 2021 to reduce tariffs and remove trade bottlenecks with selected countries through simplified customs procedures and rules.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-15-O7GWDK7GMJHDBMB6AZAXAYMUNQ\">It has signed 37 Cepas with trading partners, 18 of which already in force. They include deals with India, Turkey, Jordan, Serbia, Vietnam and Ukraine. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-16-SNX5UOGA6RCIFGBTAEDTTUYR7E\">The agreements helped the country\u2019s <a href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2026\/01\/31\/uaes-non-oil-foreign-trade-hits-1-trillion\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/economy\/2026\/01\/31\/uaes-non-oil-foreign-trade-hits-1-trillion\/\">non-oil foreign trade<\/a> surge by 26 per cent annually in 2025 to exceed $1 trillion for the first time.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-17-4JIUX2QMYRGIHJRUD2RPC2UUTQ\">The UAE&#8217;s non-oil trade with the countries where Cepas are in force reached Dh304.3 billion during the first half of 2026, the media office reported. Imports from these countries amounted to Dh193.5 billion, while non-oil exports amounted to Dh66.1 billion during the same period.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-18-7DO7VVGNERBP3CZ63WOLJDN6XM\">Non-oil exports currently represent 21.7 per cent of the UAE\u2019s total trade with Cepa-partner countries, compared to 19.1 per cent in 2022, \u201creflecting the broad market access these agreements are delivering for UAE products and companies\u201d, the report said.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-19-M2DMFI4LVBBXLGVQMYTCVNAMPU\">The UAE aims to further boost non-oil foreign trade as part of its national economic goals. The country is investing heavily in trade and logistics infrastructure, including modern marine ports and airport infrastructure to attract foreign investors.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-21-HKZZH4NDOJEAJNKZRXXRLQ3PMU\"><a href=\"https:\/\/www.thenationalnews.com\/opinion\/comment\/2026\/05\/04\/uae-make-it-in-the-emirates-economy-foreign-direct-investment\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/opinion\/comment\/2026\/05\/04\/uae-make-it-in-the-emirates-economy-foreign-direct-investment\/\">Foreign direct investment<\/a> into the UAE rose by about 6 per cent to $48.24 billion in 2025, the ninth highest total in the world, according to the UN Conference on Trade and Development (<a href=\"https:\/\/www.thenationalnews.com\/business\/2023\/01\/19\/abu-dhabi-to-host-unctads-world-investment-forum-in-october\/\" target=\"_blank\" rel=\"nofollow noopener\">Unctad<\/a>).<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-22-6SUWM5EIENARZHVLOHA6GFEQVA\">The UAE was the <a href=\"https:\/\/www.thenationalnews.com\/business\/2025\/08\/13\/uae-ranked-second-most-preferred-destination-for-fdi-globally\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/2025\/08\/13\/uae-ranked-second-most-preferred-destination-for-fdi-globally\/\">top recipient of FDI<\/a> in the broader Middle East region, Unctad said in a report this month. <\/p>\n<p>Main trading partners <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-24-54EOICH5IJDXHI2T26RNBYOSJ4\">The contribution of exports to the UAE&#8217;s total non-oil foreign trade rose to 23.4 per cent during the first half of this year, compared to 21.3 per cent during the same period in 2025, the media office said.<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-25-37DMMQ7KEBCFJOVARVNIG3PZI4\">China remained the UAE&#8217;s largest trading partner in the January to June period, with non-oil trade reaching Dh180.7 billion, followed by Switzerland at Dh138.4 billion, and India at Dh107.5 billion. Egypt, Oman, Hong Kong, China and Switzerland also recorded strong growth rates among the UAE&#8217;s key trading partners, the report said. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-26-O6YIQUM3BBBELONUU4T5S7K7ME\">Overall, non-oil trade with the UAE\u2019s top 10 trading partners grew by 12.6 per cent during the first half of the year, while trade with the rest of the world grew by 13.6 per cent. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 eVvrYS margin-lg-bottom\" id=\"el-27-UE4RGRBDJNAJVF2MHDQLTVRLZY\">In terms of products, gold continued to lead the list of traded goods with a value of Dh706.2 billion, up 48.8 per cent year on year in the first half. This was followed by the telecoms sector at Dh189.7 billion, gold jewellery, cars and diamonds. The top 10 commodities accounted for about 67 per cent of the UAE&#8217;s total non-oil merchandise trade during the first six months. <\/p>\n","protected":false},"excerpt":{"rendered":"The UAE\u2019s non-oil foreign trade rose 13.1 per cent annually in the first half of the year to&hellip;\n","protected":false},"author":2,"featured_media":700460,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,10671,1294,5290,5438,5141,426,10039,56,54,55],"class_list":["post-700459","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-business-team","tag-economy","tag-logistics","tag-standard","tag-story","tag-trade","tag-uae","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/700459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=700459"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/700459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/700460"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=700459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=700459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=700459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}